Originally Posted by Unregistered:
I am signed out so that my bff doesn't see this.
So if we make $65000, how do we get it down to $15000 on our taxes???
How do you claim you pay each of your children $5000???? When you didn't!!!!
How do people do this?? Just frustrating!
Idk. Anyone else get it down so low??? I really feel like I do everything LEGAL that I can and I still end up at a higher amount.
Your focus should not be on the amount of taxes you owe. Instead, look at how much you have left over after paying your taxes. You do not want to spend money to reduce your taxes, because for every $100 you spend, your taxes will go down no more than $50. Spend $100 to get $50 back on taxes is not something you should do. If you hired your child and paid her $1,000 to do work for your business, you taxes may go down by as much as $500, not $1,000.